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Provider of software as a service tool for funds, companies and law firms intended to securely digitize assets. The company's platform is backed by the latest blockchain technologies and provides strong security and globally transferable securities, enabling users to create and manage digital shares and debt, automate capitalization tables, create customized templates and organize their organizational finances.
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In 2024, Raise's revenue reached $2.7M. The company previously reported $1.6M in 2023. Since its launch in 2017, Raise has shown consistent revenue growth.
Raise is a bootstrapped Other Vertical Industry Software startup. Founded in 2017, Raise has grown to $2.7M in revenue without raising any venture capital or outside funding.
As a self-funded Other Vertical Industry Software SaaS company, Raise has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Marvin Coleby is the Co-founder and CEO at Raise. Marvin is a corporate lawyer that worked in the Venture Technology group at Dentons, the world’s largest law firm. He worked on early and late-stage transactions on deals between Toronto, Silicon Valley and Toronto. He previously advised on model legal documents at industry-standard venture capital documents for the Canadian Venture Capital Association, and published research at conferences on cross-border investment contracts as a student at McGill University and the Hong Kong Graduate Center of Law. He holds a Bachelor of Law (LL.B.) and Civil Law (B.C.L.) from McGill University Faculty of Law and is called as a solicitor and barrister at the Law Society of Upper Canada.
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Raise serves 100 customers.
Raise employs approximately 18 people as of 2026. It serves 100 customers that rely on its solutions.
Raise generates an estimated $2.7M in annual revenue.
Raise was founded by Marvin Coleby.
The CEO of Raise is Marvin Coleby.
Raise is bootstrapped and has not raised outside funding.
Raise has 18 employees.
Raise is headquartered in Nairobi, Kenya.
Raise operates across multiple industries. Browse revenue, funding, and growth data for Raise in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$2.7M(Est.)
Customers
100
Funding
$0
Avg ACV
$26.9K
Team
18
Founded
2017
| Year | Milestone | Source |
|---|---|---|
| 2024 | Raise Hit $2.7m revenue in October 2024 | Estimated |
| 2023 | Raise Hit $1.6m revenue in October 2023 | Estimated |
| 2021 | Raise Hit $1.3m revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 18 employees (October 2024) | |
| 2023 | Reached 18 employees (October 2023) | |
| 2022 | Reached 20 employees (October 2022) | |
| 2021 | Reached 17 employees (December 2021) | |
| 2021 | Reached 15 employees (April 2021) |
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